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Netflix Shares its Biggest Subscriber Gain in Q4 of 2024

  • Publish date: since 3 hours
Netflix Shares its Biggest Subscriber Gain in Q4 of 2024

Netflix Inc. reported a soar in shares on Wednesday, Jan. 22 after the streaming giant revealed its biggest quarterly subscriber gain in history. 

The subscriber gain is the result of the platform's first major live sporting events and the return of 'Squid Game'.

The company added 18.9 million subscribers in the fourth quarter of 2024-2025, according to the shareholder letter released on Tuesday.

This number is more than double what Wall Street expected, bringing global subscribers at Netflix to more than 300 million. 

The stock soared as much as 15 percent when the markets opened in New York, making it the biggest intraday gain since October 2023. 

The company reported revenue grew 16 percent to $10.2 billion in the quarter, the biggest gain since late 2021. The company has said that sales will grow faster than predicted in 2025. 

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